NFTRH 562’s Wrap Up segment, which is placed early in the report on page 3 but is written after the work is done, was per the screenshot below. The term “sell the news” popped up a few times in #562 and boy did those Algos ever hold true to form. It’s actually funny, in a robotic sort of way. Think like a machine, folks. I … Continue reading Sell. The. News!
[edit] Spoiler… nothing new under the sun other than the last line they slipped in… “The Committee will conclude the reduction of its aggregate securities holdings in the System Open Market Account in August, two months earlier than previously indicated.” Okay Algos, you can take over now… Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong … Continue reading Okay Speedreaders…
The suspense builds as Jerome Powell presides over a panel of foremost economic geniuses, people who know much more than you or I about how to relieve or increase pressure on a Keynesian debt economy as needed. People who know how to set it just right, much like Goldilocks’ porridge. People who either do not know or do not care that the system they regulate … Continue reading 3 Hrs, 20 Min. & 0 Seconds… Tension so Thick You Can Cut it w/ a Knife
